Morocco campaign to boycott US products in solidarity with Turkey

LEADING ARTICLEAugust 13 2018 5:00pm The Times Tantrum in Turkey Erdogan should end his spat with the West if he wants to avert a deeper crisis

Ankara imposed stiffer levies on U.S. cars, alcohol, coal and other products - $533 million in new tariffs - in response to U.S. President Donald Trump's imposition of doubled tariffs on Turkish steel and aluminum exported to the United States.

The dispute between the North Atlantic Treaty Organisation allies - brought to a new intensity by Turkey's holding of an American pastor for two years - has raised questions over the future of their partnership and fanned fears of a looming economic crisis in Turkey. U.S. futures were also down before trading started on Wall Street.

On Wednesday, a court rejected an appeal for Brunson's release from detention and for a travel ban against him to be lifted, the state-run Anadolu Agency reported. Erdogan's government has blamed followers of the cleric Gulen for an unsuccessful 2016 coup, leading to a purge of thousands of people from Turkey's civil service, police, military and media and educational institutions, with many of them jailed. The move comes amid increasing tariffs and sanctions by the USA against Turkey.

The ministers responded by condemning the sanctions and claiming not to have any economic interests or properties in the United States.

China isn't the only country the United States has a rocky relationship with - Turkey is causing a few headaches for USA leaders as well.

Turkey-based experts, however, have noted that China's influence is still largely confined to the economy.

It was boosted after the Turkish banking regulator cut the amount of funds banks can use for currency swap trading, limiting the possibilities for speculating against the lira.

In his televised speech yesterday, Erdogan vowed that Turkey will "boycott USA electronic goods".

Third night of anti-government protests in Romania
They sent home just under bn previous year , a lifeline for rural communities in one of the EU's least developed countries. They also chanted "Thieves, thieves", waving Romanian, U.S., North Atlantic Treaty Organisation and European Union flags.

Tiger Woods tied for 6th at PGA Championship after third-round 66
Glenwild Golf Club's Craig Hocknull shot 72-73 and Davis Park Golf Course's Zach Johnson posted 76-69. "I'm exhausted . I've been in this position before, so I know what it's about. "I get it all the time, so I'm used to it by now".

Turkey's Erdogan says lira weakness a plot, can not be explained by logic
A Turkish delegation visited Washington for talks this week but left with no signs of a breakthrough. Turkey's President Tayyip Erdogan addresses his supporters in Bayburt, Turkey, on August 10, 2018.

"It would be unrealistic to believe that Turkey would fully integrate its security with the East", Temur said. He doubled down over the weekend, saying there was a "currency plot" against Turkey and arguing that the fall in the lira was not connected to economic fundamentals. He assured Americans that democracy was thriving in Turkey and they should have no concerns.

Meanwhile, it is now only a "dialogue partner" at the Shanghai Cooperation Organisation, the China and Russia-led security bloc, despite Erdogan's declaration of interest in upgrading that status. "We are going to continue to call on Turkey to do the right thing and release those individuals".

"We (also) have our Venus and Vestel", he said about homegrown Turkish electronics brands.

He said relations with Qatar, which he described as a "friendly and brotherly country", would be boosted in many areas. "To be a sustainable stabilizer, funding needs to be larger and reach the central bank".

Sheikh Tamim bin Hamad Al Thani, the emir of Qatar, has pledged to invest $15bn in Turkey, according to officials.

On Monday, the U.S. president signed a defense authorization act that notably prohibits the delivery of F-35 Joint Strike Fighter aircraft to Turkey if it buys Russia's S-400 air defense system. Turkey has urged the U.S.to halt its support for Kurdish YPG fighters or risk confronting Turkish forces on the ground in Syria.

"A ruling can come tomorrow, or even tonight".

"Turkish companies feel more safe doing business with European Union countries".

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